Tax Consultant/ Senior – Global Innovation and Investment Incentives (Gi3 UK)
The Opportunity
Are you interested to work with clients developing innovative and state-of-the-art technologies? Are you driven to contribute to the financing of new emerging technologies and applied sciences? Are you ready to fulfill your potential and have a significant impact to global initiatives?
If the answer to above is “Yes,” come join us!
Deloitte Tax Services India Private Limited started operations in June 2004. Since then, nearly all the Deloitte Tax LLP U.S. service lines and regions have been supported by Deloitte Tax in India. In very recent years, member firms, such as Australia, Belgium, Canada, Germany, the Netherlands or the United Kingdom have been supported within their tax practice by Deloitte Tax India practice.
The UK government provides tax incentives to businesses performing R&D; Deloitte’s R&D tax services group is a market leader in helping clients secure these incentives and is the most experienced team in the UK. We are looking for an open minded Information Technology (IT) / Computer Science (CS) professionals with both technical and software development knowledge, coupled with excellent communication skills. Knowledge of the full development lifecycle is sought and an appreciation of the types of technical challenges encountered across this lifecycle.
Work you’ll do
As a Senior within our team, you will be in a client-facing role from day one, managing engagements, engaging with financial and technical teams, undertaking detailed financial analyses, and utilising your communication skills to quickly understand client costing methodologies. You will review and prepare high-quality documentation to quantify eligible R&D expenditure for tax purposes. This will require you to draw on your existing financial and costing experience, applying it to various industries and R&D projects.
You will work as part of a project team alongside tax practitioners to help companies prepare their claims. You will work on multiple projects in parallel and will therefore have to manage several competing demands on your time.
Your day-to-day responsibilities will allow you to gain an understanding of the financial structures behind a wide variety of cutting-edge technologies across different industries. You’ll have the opportunity to take a different career route and to maintain exposure to/increase your knowledge of emerging areas of innovation from a financial perspective.
To list some of those key responsibilities:
- Conducting efficient financial interviews with clients’ finance teams to understand their R&D expenditure, cost allocation, and financial systems.
- Working directly with clients, Deloitte Partners and Directors taking ownership of end-to-end engagement management of R&D tax claim projects.
- Analysing financial documentation and data from clients to support the development of robust R&D claim methodologies and prepare detailed costing schedules.
- Invest in, mentor and train a cohort of analysts.
- Champion the one-team culture across our UK and offshore delivery teams.
- Writing clear, compelling financial reports for appropriate authorities (typically HMRC), based on financial analysis to convey how a client’s R&D expenditure qualifies for tax relief.
- Lead projects to ensure R&D claims are delivered to time and within budget.
- Working effectively in diverse teams of tax technicians, costing specialists and technical personnel within an inclusive team culture where people are recognised for their contribution.
- Coordinate data automation for multiple projects concurrently.
- Develop expertise and aptitude towards innovation in financial quantification.
The Team
Our “Global Investment and Innovation Incentives (Gi³)” service line is embedded within Deloitte’s T&L practice and focused on advising companies in their pursuit of the right incentives by developing and executing an effective incentives strategy for their specific needs. The large majority of our Gi³ team members are scientists and engineers. Gi³ team then offers specific related knowledge and added value consultancy. This expertise allows our clients to take advantage of various incentives and grants related to their priorities in terms of Research & Development [R&D], innovation and sustainability. Further development of their intellectual properties and R&D activities can then leverage on those governmental support.
To assist our clients in dealing with those government incentives, our team based in the UK proposes the services of a multi-disciplinary team of over 100 specialists (Lawyers, Economists, Scientists, Engineers or IT-specialists) highly experienced in assisting companies with multi-jurisdictions compliance, dealing with the complexities of local regulations and procedures – such as communicating with local grant and tax authorities, setting up new registrations and preparation & filling of government incentives applications.
We are principally a UK-based team with colleagues in the Deloitte USI at Bangalore and are looking to further build our Bangalore capability.
What we’re looking for
As a senior you will be in a client-facing role from day one, managing projects, preparing R&D claims, delegating, and building the team. You will be working with a variety of team members from junior to senior grades and be the main point of contact for your clients.
Your responsibilities will include:
- Lead projects being the main point of contact with a range of senior stakeholders such as financial controllers, finance directors and chief finance officers.
- Taking ownership over design of costing methodology, and execution of R&D tax engagements through liaison with internal engagement team to deliver high quality work products under budget.
- Build eminence in the market and look for opportunities to grow the practice.
- Build an internal network within Deloitte and gain an understanding of the services the firm can offer to broaden client relationships and differentiate us in the market.
- Work within a project team to ensure that robust R&D claims are prepared whilst building deep client relationships.
- Preparing clear reports for submission to HMRC to explain how our clients R&D claims have been prepared.
- Provide financial input into marketing and sales activity based on your area of costing and tax knowledge.
- Work effectively in diverse teams within an inclusive team culture where people are recognised for their contribution.
- Project managing a variety of projects at any given time and being able to delegate and work with the technical and finance team around you.
Work Location - Bangalore
Shift Timings: 11 AM to 8 PM IST
